Finance Videos

U.S. Day Ahead: Icahn into Apple, wants bigger buyback

Aug 13 - Activist investor Carl Icahn now owns a big piece of the Apple and said he had a ''nice conversation'' with CEO Tim Cook about a larger stock buyback.

TRANSCRIPT +

Here's what you need to know -- Wednesday at number three envision how there is going public. It provides everything from -- paramedics and doctors to provide emergency transportation. The company plans to -- over 750. Million dollars by offering 35 million shares at twenty at 23 dollars per share. In a busy week -- reaching out Macy's is reporting second quarter earnings before the -- -- is holding its own against the retail pack. Because of targeting its product mix that customer preferences and local markets. And improving the shopping experience online and in stores. Analysts are expecting revenues of over six million dollars an increase of 3% over the same period last year. And our top story. Instead of waiting for the next blockbuster apple product punish -- -- in stat. Investor Carl Icahn tweeting that he had a nice conversation with CEO Tim Cook about apple doing a larger share buy back now. I also posting on Twitter that apple is undervalued and he has a large position in the stock. Apple shares jumped 5%. Will be watching icons Twitter feed or what's happening next. You can follow us on Twitter at Reuters Insider and watched more video on Reuters dot com slash Reuters TV. I'm children back. --

SPONSOREDSTORIES

Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms.

*All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.